The US President Donald Trump’s family discussed the possibility of buying a share in the American division of Binance Exchange. WSJ writes about this with reference to sources.
Updet:
Zhao denied the publication of WSJ, saying that there were no such negotiations.
4. Sorry to Disappoint. The WSJ Article Got the Facts Wrong.
MORE THE 20 PEOPLE HAVE TOLD METHEY ASKED BY THE WSJ (and Another Media), “Can You Confirm that Cz Made Some Deal for a Pardon?”
They Probably Assked Hundreds of People to have 20 Peoples Reach out to me. In … https://t.co/lydpmkd3g
– CZ 🔶 BNB (@cz_binance) March 13, 2025
He claims that journalists turned to “hundreds of people” in order to push them to confirm the alleged agreement. Among those who contacted CZ, more than 20 people stated that they were asked questions about the existence of a transaction.
The businessman noted that the publication may be an attempt to discredit cryptocurrencies and the US president. In his opinion, the article reflects the ongoing pressure on the digital assets industry, which remained from the last political cycle.
Negotiations began in 2024, when representatives of the trading platform were looking for partners to restore positions in the United States.
The transaction could participate in the Defi -project of the Trump family of World Liberty Financial (WLFI). However, according to sources, the final terms of the agreement are not defined.
Discussions could be related to a request for pardon for the founder of Binance Changpan Zhao (CZ), insiders said.
In 2023, CZ paid a fine of $ 50 million and received four months of prison. In September, the businessman was released and remained the largest shareholder of the exchange.
Binance.us gradually restores operations in the country after problems with regulators. In 2023, the SEC filed a lawsuit against Binance, accusing the platform of violating laws.
After that, the American unit stopped deposits in dollars. Last month, the exchange resumed operations.
Recall that in February, WLFI announced the “strategic crypto -cutter”, and in March bought ETH for $ 10 million, WBTC for $ 10 million and $ 1.5 million.
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Source: Cryptocurrency
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